Rep. Josh Gottheimer Buys Alibaba Group Holding Limited (NYSE:BABA) Stock

Representative Josh Gottheimer (D-New Jersey) recently bought shares of Alibaba Group Holding Limited (NYSE:BABA). In a filing disclosed on May 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alibaba Group stock on April 4th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of RTX (NYSE:RTX) on 4/23/2025.
• Purchased $1,001 – $15,000 in shares of Cheniere Energy (NYSE:LNG) on 4/22/2025.
• Purchased $1,001 – $15,000 in shares of Techtronic Industries (OTCMKTS:TTNDY) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) on 4/21/2025.
• Sold $1,001 – $15,000 in shares of KKR & Co. Inc. (NYSE:KKR) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of D.R. Horton (NYSE:DHI) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 4/21/2025.
• Sold $1,001 – $15,000 in shares of Hillman Solutions (NASDAQ:HLMN) on 4/17/2025.
• Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 4/17/2025.

Alibaba Group Trading Down 0.4%

Shares of Alibaba Group stock opened at $123.37 on Friday. The stock has a market capitalization of $294.59 billion, a P/E ratio of 17.83, a price-to-earnings-growth ratio of 0.61 and a beta of 0.24. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.19. The company has a 50-day simple moving average of $123.38 and a 200 day simple moving average of $107.27. Alibaba Group Holding Limited has a 12-month low of $71.80 and a 12-month high of $148.43.

Alibaba Group (NYSE:BABA) last announced its earnings results on Thursday, February 20th. The specialty retailer reported $2.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.84 by ($0.07). The firm had revenue of $38.38 billion for the quarter, compared to analyst estimates of $38.19 billion. Alibaba Group had a return on equity of 12.89% and a net margin of 12.29%. Research analysts expect that Alibaba Group Holding Limited will post 7.86 earnings per share for the current fiscal year.

Alibaba Group Cuts Dividend

The company also recently announced a — dividend, which will be paid on Thursday, July 10th. Investors of record on Thursday, June 12th will be given a dividend of $0.95 per share. This represents a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, June 12th. Alibaba Group’s dividend payout ratio (DPR) is currently 13.15%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Foundations Investment Advisors LLC boosted its stake in shares of Alibaba Group by 21.1% in the 4th quarter. Foundations Investment Advisors LLC now owns 155,440 shares of the specialty retailer’s stock valued at $13,180,000 after purchasing an additional 27,088 shares during the last quarter. Berkshire Asset Management LLC PA bought a new position in Alibaba Group during the 4th quarter worth approximately $911,000. Exchange Traded Concepts LLC boosted its stake in Alibaba Group by 131.2% during the 4th quarter. Exchange Traded Concepts LLC now owns 74,807 shares of the specialty retailer’s stock worth $6,343,000 after acquiring an additional 42,446 shares during the last quarter. Bailard Inc. boosted its stake in Alibaba Group by 46.3% during the 4th quarter. Bailard Inc. now owns 10,245 shares of the specialty retailer’s stock worth $869,000 after acquiring an additional 3,242 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its stake in Alibaba Group by 31.3% during the 4th quarter. Park Avenue Securities LLC now owns 18,465 shares of the specialty retailer’s stock worth $1,566,000 after acquiring an additional 4,397 shares during the last quarter. Institutional investors own 13.47% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Bank of America increased their price objective on shares of Alibaba Group from $117.00 to $150.00 and gave the stock a “buy” rating in a report on Friday, February 21st. Morgan Stanley set a $180.00 price objective on shares of Alibaba Group in a report on Wednesday. Barclays increased their price objective on shares of Alibaba Group from $130.00 to $180.00 and gave the stock an “overweight” rating in a report on Friday, February 21st. Benchmark decreased their price objective on shares of Alibaba Group from $190.00 to $176.00 and set a “buy” rating on the stock in a report on Friday. Finally, Sanford C. Bernstein raised shares of Alibaba Group from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $104.00 to $165.00 in a report on Tuesday, February 25th. One investment analyst has rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $154.21.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Alibaba Group Company Profile

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.